BANGALORE/FRANKFURT, May 29, (Reuters) – Germany’s Deutsche Telekom AG is willing to keep a minority stake in a deal to sell T-Mobile US Inc to Japan’s Softbank Corp, but other details such as price and financing remain to be worked out, according to sources familiar with the situation.

Softbank owns a majority of Sprint Corp S.N, the third largest U.S. wireless carrier. Deutsche Telekom owns 67 percent of T-Mobile, which has a market value of $27.6 billion and is the fourth-largest U.S. wireless carrier.

(Reuters) – Zayo Group LLC has picked investment banks Barclays Plc (BARC.L: Quote, Profile, Research, Stock Buzz) and Morgan Stanley (MS.N: Quote, Profile, Research, Stock Buzz) to lead an initial public offering of the fiber network company later this year, according to people familiar with the matter.

An IPO could value the company at close to $7 billion, the people said.

All the sources asked not to be named because the matter is not public. Barclays declined to comment while a Morgan Stanley spokeswoman did not respond to a request for comment.

NEW YORK (Reuters) – The abrupt firing of Symantec Corp Chief Executive Officer Steve Bennett last month is attracting activist investors and private equity firms to the U.S. security software maker, in a development that could potentially lead to its breakup or sale, sources familiar with the situation said.

Activist investors, including ValueAct Capital, are examining the company’s prospects and may decide to build up stakes to agitate for change, the sources said. ValueAct declined to comment.

NEW YORK, April 15 (Reuters) – The abrupt firing of Symantec
Corp Chief Executive Officer Steve Bennett last month
is attracting activist investors and private equity firms to the
U.S. security software maker, in a development that could
potentially lead to its breakup or sale, sources familiar with
the situation said.

Activist investors, including ValueAct Capital, are
examining the company’s prospects and may decide to build up
stakes to agitate for change, the sources said. ValueAct
declined to comment.

(Reuters) – Juniper Networks Inc (JNPR.N: Quote, Profile, Research, Stock Buzz), the network gear maker under pressure from activist investor Elliott Management Corp to restructure, is exploring a sale of its mobile security unit Junos Pulse, according to people familiar with the matter.

The move follows an extensive review of Juniper’s enterprise businesses and could signal a willingness by the Sunnyvale, California-based company to shed more non-core assets, in line with recent calls by some of its activist shareholders.

April 11 (Reuters) – Ally Financial Inc wanted the
U.S. government sell its entire 36.8 percent stake in the auto
lender on Thursday, but the IPO market wouldn’t cooperate so it
had to settle for less.

It’s the kind of calculation that many issuers and their
bankers are increasingly having to do as they watch the mood in
the market change to caution from exuberance, to selective
interest in high-quality companies from enthusiasm for just
about any hopeful entity that stumbled onto an exchange.

NEW YORK (Reuters) – BlackBerry Ltd would consider exiting its handset business if it remains unprofitable, its chief executive officer said on Wednesday, as the technology company looks to expand its corporate reach with investments, acquisitions and partnerships.

“If I cannot make money on handsets, I will not be in the handset business,” John Chen said in an interview, adding that the time frame for such a decision was short. He would not be more specific, but said it should be possible to make money off shipments of as few as 10 million a year.

NEW YORK, April 4 (Reuters) – Antivirus and security
software maker Symantec Corp, which recently fired its
chief executive amid declining sales and fierce competition, is
in the process of hiring banks to help advise on strategy and
defend against possible activist investors, according to several
people familiar with the matter.

The $14 billion company, known for its Norton antivirus
software, has been interviewing top Wall Street banks in recent
weeks including JPMorgan Chase & Co, Goldman Sachs Group
Inc and Morgan Stanley, the people said on Friday.

NEW YORK (Reuters) – Antivirus and security software maker Symantec Corp, which recently fired its chief executive amid declining sales and fierce competition, is in the process of hiring banks to help advise on strategy and defend against possible activist investors, according to several people familiar with the matter.

The $14 billion company, known for its Norton antivirus software, has been interviewing top Wall Street banks in recent weeks including JPMorgan Chase & Co, Goldman Sachs Group Inc and Morgan Stanley, the people said on Friday.